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Might Have Found A Homerun Kilo Bar....

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Silverhawk74's Avatar
United States
3670 Posts
 Posted 10/11/2012  04:18 am Show Profile   Bookmark this topic Add Silverhawk74 to your friends list Get a Link to this Message Number of Subscribers
The Credit Suisse Swiss kilo bar from Europe is right up there with Engelhard.....

http://www.ebay.com/itm/1-Kilo-999-...60751611189&

I know of one of these local that I can get for maybe 1100, I know for 1200 as they are asking 1250. I had no idea how rare they are and valuable....

I checked Provident as I recall a similar style kilo bar there which lists over 2k AND they are always out of it....

So considering this one above listed at like 3600 with like 10 offers tells me this piece may bring 2500, maybe even 3K one day....

Seems like a no-brainer pickup, what you all think?
Edited by Silverhawk74
10/11/2012 04:20 am
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mdpmedia's Avatar
United States
3546 Posts
 Posted 10/11/2012  08:56 am  Show Profile   Bookmark this reply Add mdpmedia to your friends list Get a Link to this Reply

Quote:
right up there with Engelhard


Silverhawk,

For the benefit of those like myself who have no clue what the attraction for this bar is based upon please elaborate more in detail what your feelings are based on: comparative studies, historical trends etc.

thanks,
mdpmedia



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barryg's Avatar
United States
5858 Posts
 Posted 10/11/2012  10:30 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
With a Buy It Now price of $3,599.99, that's something like 3 times current spot value, isn't it?

Ouch!
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argentum's Avatar
United States
1195 Posts
 Posted 10/11/2012  1:06 pm  Show Profile   Bookmark this reply Add argentum to your friends list Get a Link to this Reply
You're saying for $1100-1200 you can buy a similar bar to the linked one listed on ebay for $3600.

Price sounds decent, if you..
A) Are confident that you can flip the bar for a good profit now
B) Think the bar is cool
C) Think that cost is worth another Kilo in your stack.
... then go for it.
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 10/11/2012  1:19 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
Looks just like this one that APMEX has for sale.

http://www.apmex.com/Product/54770/...99_Fine.aspx
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basebal21's Avatar
13014 Posts
 Posted 10/11/2012  2:10 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I would say be careful trying to judge a value from the amount of offers. For all we know a bunch of different people offered spot for it. But it does look just like the one on APMEX listed above
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 10/11/2012  2:35 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply

Quote:
For all we know a bunch of different people offered spot for it

That's what I'm thinking.
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 10/11/2012  2:52 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Yeah after seeing that one at APMEX for just over 1300 I am not thinking it is as a golden deal as I hoped for, but still a solid price for solid high end silver....

MPmedia tough question, probably cause I just like cool silver bars and more so the audience that chases after them, which always makes me feel like safe investment and quick easy flip if I should need emergency money....

In the end, it is just 32.15 more oz. of silver, nothing more or less, even though Pamp silver is like the Ferrari of silver, just is what it is.

Bars wont ever have the eye appeal of a reverse proof eagle, just is a different form of collecting in the end.......
Edited by Silverhawk74
10/11/2012 2:55 pm
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 10/11/2012  3:06 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply

Quote:
In the end, it is just 32.15 more oz. of silver, nothing more or less

There's nothing wrong with that.
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 10/11/2012  4:43 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
The bar in question at the local dealer may be a bit different as well then the two examples above from me and CBN, as I am going on memory. It seemed like it had more rounded edges and was a more modern version perhaps, I will have to inquire further....

Really doubt that would effect value much either way anyhow....
Edited by Silverhawk74
10/11/2012 4:44 pm
Valued Member
lukemarshall's Avatar
United States
103 Posts
 Posted 10/11/2012  6:59 pm  Show Profile   Bookmark this reply Add lukemarshall to your friends list Get a Link to this Reply
I know that there are two different versions of credit Suisse kilo bars, one is a struck model like this one the other is a poured version that looks a bit more rustic.

Even APMEX is a bit high, sometimes you'll see then on the smaller PM websites for $2 - $2.50 over.

That seller is tripping, If I'm not mistaken he has had that kilo up for quite a while.
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Ed_B's Avatar
United States
4008 Posts
 Posted 10/11/2012  7:25 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
That seller is tripping, If I'm not mistaken he has had that kilo up for quite a while.

Could be he's just waiting for the right customer to come along.
Pillar of the Community
United States
648 Posts
 Posted 10/12/2012  01:11 am  Show Profile   Bookmark this reply Add tripncoins to your friends list Get a Link to this Reply
That seller is crazy. I didn't pay that much

https://goccf.com/t/128059
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